I think there is an additional 10% limit if shareholders have previously approved by special resolution.
Given we issued 9m shares in September it means if they want tap an additional 10% share issue without approval, and they want to raise $50m, then they need to raise at around $8 a share.
Bring it on.
Capital Raising, page-18
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EOS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.20 |
Change
0.015(1.27%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.25 | $1.20 | $383.9K | 316.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1497 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 2969 | 8 |
View Market Depth
| Last trade - 12.12pm 28/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
